After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
This NASDAQ-listed company operates within the Capital Markets industry segment, falling under the Financial sector. The current market capitalization of Cleanspark Inc is $4.14B. A total of 58.79 million shares were traded on the day, compared to an average of 30.90M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CLSK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 28 BUYs and 27 SELLs from insiders. Insiders purchased 2,894,972 shares during that period but sold 1,464,502.
In the most recent transaction, Schultz S. Matthew sold 322,400 shares of CLSK for 20.95 per share on Feb 27. After the transaction, the Executive Chairman now owns 2,698,768 company shares. In a previous transaction on Feb 27, Vecchiarelli Gary Anthony sold 26,244 shares at 20.93 per share. CLSK shares that Chief Financial Officer owns now total 554,391.
Among the insiders who sold shares, Beynon Roger Paul disposed of 10,976 shares on Feb 14 at a per-share price of $17.85. This resulted in the Director holding 141,381 shares of CLSK after the transaction. In another insider transaction, McNeill Larry sold 40,000 shares at $10.42 per share on Dec 08. Company shares held by the Director now total 249,637.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CLSK in the last 3 months, the mean price target is $12.03 with high estimates of $15.00 and low estimates of $8.00. In terms of 52-week highs and lows, CLSK has a high of $20.95 and a low of $2.04.
As of this writing, CLSK has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0 per share and a lower estimate of -$0.12. The company reported an EPS of -$0.63 in the last quarter, which was -384.60% lower than expectations of -$0.13.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CLSK’s latest balance sheet shows that the firm has $38.93M in Cash & Short Term Investments as of fiscal 2021. There were $1.54M in debt and $10.06M in liabilities at the time. Its Book Value Per Share was $4.37, while its Total Shareholder’s Equity was $305.72M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CLSK is Buy with a score of 4.67.
